Date of Award
Master of Science (MS)
The purpose of this paper is to demonstrate the potential value of enrolling in rainfall-index for pasture, rangeland, and forage insurance for Utah producers. A stochastic optimization model is used to identify the optimal selection of insurance intervals that will provide the maximum indemnity payments less premiums. Four Utah counties were selected for analysis. Results indicate that positive returns will occur greater than 60% of the time in all counties with the selected insurance intervals. The optimal months to insure varied in each county.
Stewart, Shana Anderson, "Financial Outcomes from Selection of Insurance Intervals" (2018). All Graduate Plan B and other Reports. 1338.
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